Microeconomics is the study of
A) global economies.
B) the entire U.S. economy.
C) the decisions made by individuals.
D) the national unemployment rate.
E) productivity in other countries.

Question

Quizplus · Accepted Answer

Microeconomics is concerned with studying the behavior and decision-making of individuals, households, and firms in the economy. It focuses on the allocation of resources and how prices are determined in specific markets.

Microeconomics Is the Study of